N2Growth Blog
APRIL 5, 2010
This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process. The two most common outcomes created by a lack of contingency planning are: 1.) watching things grind to a halt as you scramble to evaluate options, and; 2.)
Lead from Within
FEBRUARY 20, 2024
This involves staying informed about industry trends, emerging technologies, and potential risks. By anticipating what might happen, you can develop strategies and contingency plans to mitigate these risks. This involves developing robust plans and processes to address these challenges effectively.
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Strategy Driven
NOVEMBER 9, 2023
Without sound financial strategies, even the most innovative and promising ventures can stumble and fail. NetSuite Outsourced Accounting can enhance a company’s financial management by leveraging its expertise and technology, ensuring cost-effectiveness and efficiency in managing finances.
Experience to Lead
MAY 30, 2023
This includes assessing the potential impact of external factors, such as changes in the regulatory environment, and developing contingency plans to mitigate these risks. Innovation and creativity: Executives need to be able to think outside the box and develop new ideas that drive innovation.
Strategy Driven
JULY 27, 2019
Come Up With a Contingency Plan. An elaborate and extensive planning process is necessary for your business to score well and chart monumental heights of success. You need to plan everything-from hiring the right people for your job to handling finances; everything has to be hassle-free. There has to be a plan B.
Harvard Business Review
MAY 15, 2017
At that moment, looking up from the bottom of the escalator, the idea that I would one day run a technology company seemed unfathomable. Louis Gerstner created an environment that gave new employees like me a chance to innovate and compete. Employees asked whether we have a contingency plan if they were unable to reenter the U.S.
Harvard Business Review
DECEMBER 26, 2014
The phenomenon of fast-track CEO succession appears to be most prominent in the retail, technology, media, and telecommunications sectors—all of which are particularly affected by disruptive business models and new competitors. In the second scenario, a planned CEO departure occurs during a time of uncertainty.
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